If you own a free standing home in Forrestfield, WA 6058, you're probably curious whether you're paying a fair price for home and contents insurance — or leaving money on the table. This article breaks down a real quote for a 3-bedroom, 1-bathroom property in the suburb, compares it against local, state, and national benchmarks, and offers practical tips to help you get the best value cover.
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Is This Quote Fair?
The annual premium for this quote comes in at $1,120 per year (or roughly $110/month), covering both building (sum insured: $734,000) and contents ($81,000). Our price rating for this quote is FAIR — Around Average.
What does that mean in practice? It means this premium sits in a reasonable range — not the cheapest available, but not overpriced either. Given the property's features (more on those below), a four-figure annual premium is broadly in line with what insurers consider appropriate risk pricing for this area.
The building excess is set at $2,000, which is on the higher side and will have helped bring the annual premium down. The contents excess of $600 is more standard. If you'd prefer lower out-of-pocket costs in the event of a claim, you could explore reducing those excesses — though expect the premium to rise accordingly.
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How Forrestfield Compares
Context is everything when evaluating an insurance quote. Here's how this $1,120 premium stacks up across different comparison points:
| Benchmark | Premium |
|---|---|
| This Quote | $1,120/yr |
| Forrestfield Suburb Average | $1,336/yr |
| Forrestfield Suburb Median | $1,006/yr |
| Forrestfield 25th Percentile | $749/yr |
| Forrestfield 75th Percentile | $1,688/yr |
| Kalamunda LGA Average | $1,810/yr |
| WA State Average | $2,144/yr |
| WA State Median | $1,944/yr |
| National Average | $2,965/yr |
| National Median | $2,716/yr |
Based on 85 quotes collected for Forrestfield, this premium lands just above the suburb median of $1,006 and well below the suburb average of $1,336. That positions it comfortably in the lower-middle range for the area.
Zoom out to the WA state level and the picture looks even more favourable — the state average sits at $2,144, nearly double this quote. Nationally, the gap is even wider: the national average of $2,965 is more than 2.6 times this premium.
Much of Western Australia's higher average is driven by cyclone-prone regions in the north of the state, which push premiums up significantly. Forrestfield, located in the Perth Hills foothills, is not a designated cyclone risk area, which is one reason local premiums tend to be more moderate.
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Property Features That Affect Your Premium
Several characteristics of this property play a meaningful role in how insurers calculate risk — and ultimately, what you pay.
Double Brick Construction
This home features double brick external walls, which is widely regarded as one of the most resilient building materials in Australia. Double brick offers excellent resistance to fire, wind, and structural damage, and insurers typically view it favourably. Compared to lightweight cladding or weatherboard, double brick homes often attract lower building premiums.
Tiled Roof
A tiled roof is another positive from an insurer's perspective. Tiles are durable, fire-resistant, and long-lasting, especially when well-maintained. That said, a 1978 construction year means the roof is now well over 40 years old — insurers may factor in age-related wear, so it's worth ensuring the roof has been inspected and is in good condition.
Slab Foundation
A concrete slab foundation is standard across much of Perth's suburban housing stock and is generally considered low-risk by insurers. It's less susceptible to subsidence or movement compared to older pier-and-beam foundations.
Swimming Pool
The presence of a pool adds a layer of liability risk and can nudge premiums upward. Pools also increase the replacement cost of the property, which is reflected in the building sum insured.
Solar Panels
Solar panels are an increasingly common feature in Perth homes and are typically covered under building insurance. However, it's worth confirming with your insurer that panels are explicitly included — some policies treat them as an optional add-on.
Ducted Climate Control
A ducted climate control system is a significant fixed asset and contributes to the overall building replacement value. At $734,000 sum insured for a 160 sqm home, the inclusion of above-average fittings quality and systems like ducted air conditioning is well-reflected in the coverage amount.
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Tips for Homeowners in Forrestfield
1. Review Your Sum Insured Annually
Construction costs in Perth have risen sharply over the past few years. The $734,000 building sum insured may be appropriate now, but it's worth revisiting each year to ensure it reflects current rebuild costs — not just the market value of the land and home. Underinsurance is one of the most common and costly mistakes homeowners make.
2. Check What Your Policy Says About Solar Panels
Solar panel coverage varies between insurers. Some include panels automatically as part of the building; others require a specific endorsement. With panels now a valuable asset, confirm your policy wording explicitly covers them for storm damage, hail, and accidental breakage.
3. Maintain Your Pool Compliance
In WA, pool fencing must meet strict safety standards. Beyond the legal obligation, an insurer may reduce or deny a liability claim if your pool fencing was non-compliant at the time of an incident. Keep up with council requirements and document any maintenance or upgrades.
4. Consider Adjusting Your Excess
This quote carries a $2,000 building excess, which has likely helped keep the premium down. If you have sufficient savings to cover that amount comfortably in the event of a claim, keeping the excess high is a smart cost-saving strategy. If not, speak to your insurer about finding a balance that suits your financial position.
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Compare Your Options with CoverClub
Whether this quote is right for you depends on your individual circumstances — but knowing where you stand is the first step. At CoverClub, we make it easy to compare home and contents insurance quotes side by side, so you can see exactly what you're getting for your money.
Get a quote today at CoverClub and find out if you could be paying less — or getting more cover — for your Forrestfield home.